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News about Mortgages:
Pryor: Arkansans have much at stake in debate over Big Three help - Benton County Daily RecordPryor: Arkansans have much at stake in debate over Big Three helpBenton County Daily Record, AR - 19 hours agoBy Gary Lookadoo Staff Writer // garyl@nwanews.com BENTON COUNTY - Arkansas may not seem like an auto state, and it isn't. But many Arkansas jobs are tied ...
Heritage bank announces new loan officer - Clarksville Leaf ChronicleHeritage bank announces new loan officerClarksville Leaf Chronicle, TN - 20 hours agoHeritage Bank conducts neighborhood banking operations in the Kentucky cities of Hopkinsville, Elkton, Cadiz, Murray, Benton, Calvert City and Fulton; ...
Figures show local home prices increase slightly - St. Cloud TimesFigures show local home prices increase slightlySt. Cloud Times, MN - Nov 25, 2008By Britt Johnsen • bljohnsen@stcloudtimes.com • November 26, 2008 Prices of homes sold in Stearns and Benton counties during the third quarter improved ...
AP Minnesota Daybook, - Reiten Television KXMB BismarckAP Minnesota Daybook,Reiten Television KXMB Bismarck, ND - 21 hours ago4 include: 1 pm Silent Power Inc., 13256 Dogwood Dr., Baxter 2:30 pm Camp Ripley 4 pm Sauk Rapids VFW, 901 N. Benton Dr., Sauk Rapids Dec. 4. ...
Kennewick renter charged with arson - Mid Columbia Tri City HeraldKennewick renter charged with arsonMid Columbia Tri City Herald, WA - Nov 27, 2008Joseph G. Martin, 42, is scheduled to appear next Wednesday in Benton County Superior Court to enter a plea to first-degree arson. ...
Mail Thefts in Butler County - KWCHMail Thefts in Butler CountyKWCH, KS - Nov 25, 2008"I could not believe that someone actually had done that to us," says Benton area resident Stephanie Cowman. It started with an outgoing mortgage payment ...
Tri-City mortgage market grows with FHA-backed loans - Mid Columbia Tri City HeraldTri-City mortgage market grows with FHA-backed loansMid Columbia Tri City Herald, WA - Nov 10, 2008In September 2007, a report by Benton-Franklin Title Co. listed 958 mortgages recorded. Those figures include all mortgage loans, commercial and residential ...
Owner Files $3.8M Loan on Office Building - Memphis Daily NewsOwner Files $3.8M Loan on Office BuildingMemphis Daily News, USA - 1 hour agoOther schools eligible for funding are public schools in Benton, Carroll, Crockett, Dyer, Fayette, Gibson, Henry, Lake, Lauderdale, Obion, ...
Home Deal Fails For Centerton Families - The Morning NewsHome Deal Fails For Centerton FamiliesThe Morning News, AR - Nov 26, 2008These are three of the Benton County subdivisions hit hardest by the investor program of Greenleaf and its sales force from the Real Estate Co. ...
Nicholas F. Benton: Aborting Deflation - Falls Church News PressNicholas F. Benton: Aborting DeflationFalls Church News Press, VA - Nov 20, 2008It's downright chilling to think of how much of the average citizen's spending is discretionary, not mandatory, once the mortgage, the car payment, ...

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Today's Mortgage Terms starting with B
Bankruptcy: A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time.
Bearer: The legal owner of a property.
Bill of Sale: A document that details the transfer of property.
Biweekly Mortgage: A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage.
Blanket Mortgage: A mortgage that includes more than one piece of real estate
Borrower (Mortgager): An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan.
Broker: An individual who gets buyers and sellers together and helps in negotiating contracts for a client.
Buy-Down Mortgage: A mortgage loan with a lower than market rate for a determined period of time.
Buyer’s Market: Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction.
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